Global Apple Cider Vinegar Market Report - Future Prospects, Growth, Outlook and Forecast 2019 – 2026
Apple cider vinegar, a vinegar made from fermented apple juice, is used in salad dressings, marinades, vinaigrettes, food preservatives, and chutneys. It is made by first crushing apples and squeezing out the liquid. Bacteria and yeast are then added to the liquid to start the alcoholic fermentation process, and the sugars are turned into alcohol. In a second fermentation step, the alcohol is converted into vinegar by acetic acid-forming bacteria (Acetobacter species).
The global Apple Cider Vinegar market is estimated to be USD 1,201 million in 2019 and is expected to reach USD 1,811 million by 2026, with a CAGR of 6.04% during the forecast period.
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Key Dynamics
Growth of apple cider vinegar market is driven by its wide applications in the food & beverage industry. It is considered as one of the essential components in salad dressing, sauces and soups, and food preservatives. Other factors attributable to the high growth include an increase in aging population, rising health consciousness, increasing purchasing power, rise in per capita health expenditure. Besides health benefits, apple cider vinegar has extensive applications for household purposes, especially as a non-toxic household cleaner. However, with the growing usage of apple cider vinegar, several manufacturers are also focusing on widening their product lines, which will play a significant role in boosting the growth prospects for the market over the next few years.
Segmentation
On the basis of type, Apple Cider Vinegar Market segmented into
l Solid brewing
l Liquid brewing
l Solid-liquid brewing
On the application, Apple Cider Vinegar Market segmented into
l Apple Cider Vinegar Drink
l Apple Cider Vinegar Condiment
l Apple Cider Vinegar Health Products
Competitive Landscape
Important players profiled in the global Apple Cider Vinegar market include BRAGG, Vitacost, Vitacost, Fleischmann's Vinegar, Dynamic Health, Kanesho, TDYH Drink Corp., Foshan Haitian Flavouring and Food Company, Jiangsu Hengshun Vinegar Industry, and etc. Companies in the apple cider vinegar market are heavily investing in research and development activities to enhance the functional profile of apple cider vinegar. Companies are also committed to building an efficient supply chain to ensure wide availability of apple cider vinegar in the market.
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Regional Spotlights
In regional segments, Asia-Pacific held the largest share of the market in 2018, accounting for close to 35.62% share. It was followed by North America and Europe, with a share of 31.04% and 25.94% respectively. Asia-Pacific is projected to maintain its dominant position in the forecast period, with annual production value exceeds USD 403 million in 2018. Apple cider vinegar has numerous health benefits that have propelled consumers in the region to opt for apple cider vinegar-based health drinks. Japan, China, Taiwan, and South Korea are the largest consumers of fruit-infused vinegar, including apple cider vinegar, owing to the growing health-conscious urban population who prefer apple cider vinegar drinks after and between meals. Additionally, the ability of apple cider vinegar to slow down aging is also one of the major factors for the rising popularity of the drink in Asia-Pacific.
Overall Regions Outlook
l North America (U.S., Canada, Mexico)
l Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
l Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
l Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
l Others
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Apple Cider Vinegar Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of Apple Cider Vinegar Market by Types
4 Segmentation of Apple Cider Vinegar Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Apple Cider Vinegar Market in Major Countries
7 North America Apple Cider Vinegar Landscape Analysis
8 Europe Apple Cider Vinegar Landscape Analysis
9 Asia Pacific Apple Cider Vinegar Landscape Analysis
10 Latin America, Middle East & Africa Apple Cider Vinegar Landscape Analysis
11 Major Players Profile
11.1 BRAGG
11.1.1 BRAGG Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Vitacost
11.3 Fleischmann's Vinegar
11.4 Dynamic Health
11.5 Kanesho
11.6 TDYH Drink Corp.
11.7 Foshan Haitian Flavouring and Food Company
11.8 Jiangsu Hengshun Vinegar Industry
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In-depth Apple Cider Vinegar Market Report: Intended Audience
l Apple Cider Vinegar manufacturers
l Raw material suppliers of Apple Cider Vinegar
l Downstream vendors and end-users
l Traders, distributors, and resellers of Apple Cider Vinegar
l Apple Cider Vinegar industry associations and research organizations
l Product managers, Apple Cider Vinegar industry administrator, C-level executives of the industries
l Market Research and consulting firms
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Years considered for the study
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
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